Saudi Arabia’s benchmark stock index closed higher on Thursday. The Tadawul All Share Index gained 0.56% to reach 10,549.08 points. Trading was broad-based, with 218 stocks advancing. Only 37 stocks declined. Total turnover reached SR1.59 billion ($425 million).
Top Gainers and Decliners
The education and retail sectors led the day’s performance. Alkhaleej Training and Education Co. surged 7.63% to SR20.45. Consequently, it topped the gainers’ list. Consolidated Grunenfelder Saady Holding Co. followed, rising 6.60%. Additionally, Abdullah Saad Mohammed Abo Moati for Bookstores Co. rose 6.48%.
On the downside, Naseej International Trading Co. led decliners. It fell 2.44%. National Gas and Industrialization Co. also dropped 1.79%. Meanwhile, Nama Chemicals Co. slipped 1.32%. The parallel market, Nomu, outperformed the main index. It climbed 0.96% to 23,519.01 points.
Key Corporate Announcements
Two major corporate announcements influenced trading.
First, Luberef signed a MoU with Saudi Aramco. The agreement is for a Group III+ production facility in Jazan. This step aims to enhance production capacity. Luberef’s stock closed slightly down 0.26%.
Second, Marafiq received notice of higher energy input prices. The company estimated a significant 2026 financial impact. Therefore, it plans to mitigate this through operational efficiencies. Its shares ended 1.03% higher.
Market Context and Outlook
Thursday’s advance reflects steady activity on the Saudi Tadawul. The market shows resilience amid economic diversification efforts. Furthermore, corporate developments linked to Vision 2030 continue to influence sectors.
Investors will monitor follow-through in coming sessions. Specifically, they will watch for sustained volume. They will also see if leading sectors maintain momentum. For real-time data, visit the Saudi Exchange (Tadawul) website.
In conclusion, the rise in the Tadawul index was a positive start. However, the market’s direction will depend on both macroeconomic trends and specific corporate news.
